Existing investors like Fidelity, Kedaara Capital, are among the parties looking to increase their stakes in the initial public offering-bound company
The latest investment brings Lenskart's total capital infusion to nearly $850 million within the past year
The Middle Eastern sovereign wealth fund is finalizing an agreement to buy a mix of existing Lenskart shares and new equity, the people said
ADIA in advanced talks with Lenskart for an investment of up to $350 million to $400 million
The SoftBank-backed company reported losses of Rs 102 crore in FY22 after reporting a profit of Rs 28 crore in the previous financial year
Lenskart is looking at ramping up to 300,000 frames in 3 years
John Jacobs currently has five stores, which will be increased to 20 this year
Lenskart has grown more than 200 per cent year on year